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$258,000

23 Riverbank Dr, Spring, TX, 77381

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,040 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$223.56 / sqft
Year BuiltBuilt in 1981

Property Lead Type:

Absentee OwnerVacant Homes

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Electric Cooktop, Dishwasher, Refrigerator
FlooringCarpet, Tile

Exterior

Lot Size7,918 sqft

Building Information

Year Built1981
Stories1
Roof Type105
Garage Spaces2

Land Information

APN9726-07-13800
Lot Number31
SubdivisionWdlnds Vil Panther Ck 07
Land UseResidential
Legal DescriptionS972607 - WDLNDS VIL PANTHER CK 07, BLOCK 6, LOT 31
Census Tract691302
Assessed Land Value$40,000
Assessed Improvement Value$183,580
Assessment Year2025

About this property

Welcome to the heart of The Woodlands, where a classic and cozy 3 bedroom/2 bath home awaits its new owners. Zoned to A-rated schools! Enjoy the sound of the birds from your private deck nestled in the mature trees. The large lot provides ample room for expansion, allowing you to customize the property according to your desires. Living in The Woodlands offers a lifestyle unlike any other. This vibrant community is renowned for its pristine surroundings and an array of amenities that cater to every interest. From scenic walking trails and parks to golf courses and tennis courts, there is always an opportunity to stay active and enjoy the beauty of nature. A world of convenience awaits as The Woodlands offers an impressive selection of shopping centers, fine dining establishments, live music, entertainment venues, and cultural attractions. Note: The Woodlands is a Township so they don't have an actual HOA/POA. Township fees are typically included in property taxes.

Investor Tools

Property Icon
$258,000
Estimated Property Value
$174,375Estimated Mortgage Balance
$92,654Estimated Equity
32% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,548 /month
Positive
Cash Flow Estimate:
$516 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$357/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,994
$223,580
2025
$40,000
$183,580
$223,580
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,994
$223,580

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Network Funding Lp
Conventional
$174,375
No
First
Jul 13, 2023
Aug 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$165,346
$90,654
35%
64%
$1,046/mo

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Spring

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23 Riverbank Dr | Property Details | No Agent List